Description
Notice regarding part redemption of debentures of Kinara Capital Private Limited with reduced face value effective December 18, 2025.
Summary
Kinara Capital Private Limited has completed a part redemption of its debentures (ISIN: INE200W07381, Scrip Code: 975472), resulting in a reduced face value. The debentures bearing 13% interest maturing on December 6, 2027, will trade at the new reduced face value of Rs. 95,709.30 per debenture effective December 18, 2025.
Key Points
- Part redemption completed for Kinara Capital Private Limited’s 13% debentures maturing December 6, 2027
- ISIN: INE200W07381, Scrip Code: 975472
- New reduced face value: Rs. 95,709.30 per debenture
- Trading at reduced face value commences December 18, 2025
- Circular reference: DR-780/2025-2026
Regulatory Changes
No regulatory changes introduced. This is a standard corporate action notice.
Compliance Requirements
- Trading members must note the reduced face value for the specified debentures
- All trades executed from December 18, 2025 onwards must reflect the reduced face value of Rs. 95,709.30 per debenture
- Trading members should update their systems accordingly
Important Dates
- Notice Date: December 17, 2025
- Effective Date for Trading at Reduced Face Value: December 18, 2025
- Debenture Maturity Date: December 6, 2027
Impact Assessment
This is a routine corporate action with minimal market impact. The part redemption affects only holders of this specific debenture issue. Trading members need to update their systems to reflect the reduced face value. The action demonstrates normal debt servicing by the issuer and does not indicate any distress or unusual market conditions.
Impact Justification
Routine part redemption notice affecting a single private debenture issue with limited market impact